Kelly Financial: Saturday, March 14, 2026

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Episode Transcript

Speaker 1 (00:12):
This is coming to us, so.

Speaker 2 (00:20):
Ladies and gentlemen, welcome to Safe Money Strategies on WRKO.
I'm William Kelly and it's an honor to carry on
a family legacy rooted in real world values.

Speaker 1 (00:29):
And practical advice.

Speaker 2 (00:31):
Kelly Financial was founded in two thousand and three by
my parents, my late father Bill Kelly and my mother
Kelly Kelly and Braintree and Burlington, Massachusetts. Just two years later,
Dad launched Safe Money Strategies on WRKO as a no
nonsense call in radio show focused on common sense planning
and protecting wealth. Over the past two decades, Dad became

(00:51):
a pillar in New England finance, an engineer, turn entrepreneur,
author and philanthropist who believed in giving back and walking
the talk. Since our show has remained a Saturday morning staple,
offering insight and empowerment. Here at Kelly Financial, we help
steward over eight hundred million dollars across our affiliated business,
including more than six hundred million dollars managed by our

(01:13):
sec registered investment advisory, where fiduciary care and our family
first philosophy guides us on safe money strategies. You'll hear
candid conversations with the team, my mother Kelly, myself, advisors
Charlie Gable, Mike Ducett, Greg Workman, Greg Murray, my sister
Mary Madeline, and Tom Schlager. We live by two rules,

(01:34):
never quit and carry on, and we're here to help
you do the same when it comes to your money.
Stick around, take notes and join the conversation. To learn
more or get our free guides or schedule a consultation,
visit Kelly Financial dot org or call us at eighty
eight eight eight hundred one eight eight one.

Speaker 1 (01:51):
This is Safe Money Strategies.

Speaker 2 (01:53):
Next up Forever Young with Kelly Kelly and myself, William
Kelly Junior.

Speaker 3 (02:02):
Safe Money Strategies with William Kelly and Kelly Kelly eight
eight hundred eighteen eighty one.

Speaker 4 (02:11):
Each week on Safe Money Strategies, we take a moment
to step back from the headlines and have a real conversation,
the kind you might have around the kitchen table. This
is a part of the show we call Forever Young
is where I sit down with my handsome son, William
Kelly Junior, and we talk about life, what's going on

(02:32):
in the world, and our family and what really matters
most when you're planning for the future. Sometimes is light,
sometimes is thoughtful, but is always real.

Speaker 5 (02:42):
Good morning, William. How are you.

Speaker 1 (02:44):
I'm good, Mom. How are you.

Speaker 6 (02:45):
I'm doing great.

Speaker 2 (02:47):
It's great to hear. There have been plenty of midterms
this week. Yeah, school, Yes, so I just had an
econ midterm, as many of you know, had some essays
I had to submit to had a business class midterm,
and I have to say that was very light, and
I think everybody did really well in it.

Speaker 6 (03:08):
Good.

Speaker 2 (03:09):
I do very few people who struggled from that exam,
So I love those kinds of exams.

Speaker 1 (03:15):
The ones that are a little easier, so lightens the
loan a little bit. True. I'll have to see what's
coming up next.

Speaker 2 (03:22):
I'm sure i'll have one for political science, and probably
I do have one for history coming up, and so
I'll be ready and prepared for those.

Speaker 1 (03:31):
So I'm excited. Yeah.

Speaker 3 (03:32):
Good.

Speaker 1 (03:33):
Tell me about what's going on in your life.

Speaker 4 (03:36):
Well, I've been working hard. I have been babysitting. You've
been Mallie, yeahbysitting Mellie.

Speaker 1 (03:45):
Yes.

Speaker 4 (03:45):
Mary Madlin's a little dog, little puppy, and she's been
a good girl.

Speaker 5 (03:51):
I have been working out with missus.

Speaker 2 (03:55):
Oh.

Speaker 5 (03:56):
Good, and that has been going.

Speaker 6 (04:00):
Well, you've been.

Speaker 2 (04:01):
Complaining all week. I don't think I've heard a single
nice thing. Well, are you only nice things about her?
About I don't think i've heard a single good thing.

Speaker 6 (04:09):
Well, I haven't seen you.

Speaker 5 (04:11):
I haven't seen you since last.

Speaker 4 (04:13):
Weekend, so so it's improved since then. They're definitely ups
and downs with this, you know. I feel like I, I,
you know, have it going on and then.

Speaker 1 (04:25):
All of a sudden you feel a little bit defeated.

Speaker 4 (04:27):
Oh yeah, and then you pick yourself up and just
keep going.

Speaker 1 (04:31):
That's right, you know.

Speaker 4 (04:32):
But it is quite a challenge getting enough protein really,
watching the macros, you know, really just.

Speaker 2 (04:38):
More challenging the food or the exercise both. Really, egally,
that's incredible. So working hard in the gym is just
as challenging as eating.

Speaker 4 (04:48):
Getting I don't know, well, I felt like the eating
part was going.

Speaker 1 (04:53):
Well, I don't.

Speaker 2 (04:54):
Blame you, because eating is very hard for me when
I because I have to eat a lot of protein,
so I understand that.

Speaker 4 (04:59):
Yeah. Well, I was tracking everything, and finally she said,
you need to write this down, and I don't like
to write.

Speaker 6 (05:05):
I'd rather just add it into my phone, you know.

Speaker 4 (05:08):
It's easier, so so I stopped. She said, I think
you're missing a few things. So yes, and I think
I wasn't really tracking the half and half of my
coffee that well, I was a little more than I thought,
so I was weighing. I started weighing everything out, measuring it,
you know, even the avocado mayo, you know, anything, And

(05:30):
so I guess sometimes the little things add.

Speaker 6 (05:33):
Up, right.

Speaker 4 (05:34):
But she had noticed that I wasn't getting quite enough protein, protein,
and you know, not quite enough fat. And I felt
like maybe I'm getting too many carbs, and she's like, no, no,
So so I'm sticking with it. But that machine that
we get on is crazy. Tell our listeners what it is.

Speaker 2 (05:56):
It is good for accurate tracing of a trend over time.
So if you're trying to see if your muscle mass
goes up or down, I will say it's accurate within reason.
The only time it will be inaccurate is if you're
standing on it and you have to put your hands
on these two poles, I guess, and you have to

(06:18):
lift up your arms so that nothing is touching the
side of your body, so it's almost like you're doing
a t pose and you stand on the scale and
there's a screen in front of you that's attaching these
two poles and basically it sends an electric current throughout
your body, and the machine is able to detect different
types of mass, your lean body mass, your muscle mass,

(06:40):
your skeletal mass, how much fat you have, your hydration level,
and obviously you're a weight because there's a scale right
below you, and it basically will sends an electric current
and how the electric current returns to the other side
of the circuit. It can determine these things based on
off of that how it's changed.

Speaker 1 (07:02):
It's not that accurate.

Speaker 2 (07:03):
Actually, people have used in body scans and they did
a test to see how accurate embody is in compared
to decks.

Speaker 1 (07:12):
Dex is a literal X.

Speaker 2 (07:13):
Right, you sit on a table and it's sort of
like an MRI machine, but not really lay down and
you're perfectly straight, your arms are on your side, and
the scanner X rays your body from top to bottom
for about two minutes. It goes down really slowly. Deck
scans are extremely accurate. They're the most accurate, and so
that is way better. And they found that the embody

(07:36):
will tell people you have eighteen percent body fat and
then they do the deck scan and they find out
it's twenty four percent.

Speaker 1 (07:42):
There's a lot of margin for air.

Speaker 2 (07:44):
Sometimes it's super accurate, the embody gets it just right
or really close, and sometimes not at all. The best
thing you can do is go to a deck scan
and they're really humbling, though you might get the real data.

Speaker 1 (07:57):
And you know, not be too happy with it. One.

Speaker 6 (08:00):
I've had one, Okay, that's what I thought.

Speaker 2 (08:02):
I had it a while ago. It was worth it.
It definitely gave me a good baseline. It gave me
a lot of great information. It told me a lot
about my body, and you know what I need to
look out for, not just to dump on embodies at all.
They're good machines, but they're not perfectly accurate, and they're
really used as like a guide maybe.

Speaker 1 (08:23):
Yes, and to determine trends.

Speaker 2 (08:25):
So if you are gaining muscle mass, the embody, we'll
read that.

Speaker 4 (08:28):
Okay, it is accurate on your weight absolutely, Okay, absolutely,
because she told me stop weighing at home.

Speaker 1 (08:36):
Yeah, as I would. Our skills kill, Our skill is awful.
Our skill.

Speaker 2 (08:41):
When I was a wrestler, I would think that I
was three pounds overweight. I go to school, I'd be
two pounds underweight. That is the worst scale ever made.
I don't know where we bought it. I don't know
who calibrated it. I have no idea. I bought a
shipping scale because it's like perfectly calibrated.

Speaker 1 (08:59):
Yeah off Amazon.

Speaker 6 (09:00):
Yeah.

Speaker 1 (09:01):
And so whenever I need to weigh myself and when
I'm here, I just use that.

Speaker 2 (09:04):
I don't even where is it. It's under the table
with the painting in the dining room. It's under that.
Oh that like stand with all of the photos when
you were a cheerleader my baseball, you and your family,
you know, Mimi, Poppy, Uncle Chip looks super happy in
that photo and you.

Speaker 1 (09:25):
I think Dad when he was eleven, I think he's
on there.

Speaker 2 (09:27):
I remember that photo pictures. That's a great photo. I
feel like Dad and I we looked kind of related.
We were both kids, but as you got older. Yeah,
it's like we were more. We looked alike a lot
more as he got older, which sounds strange, but it
is a kid. He kind of looked a little different,
if you get what I'm saying. I guess it was
the haircut. He had different hair than me.

Speaker 4 (09:46):
Yeah you know, but yeah, funny, yeah, oh. Do keep
us on your dial. We've got a lot of great
content coming your way. Mike do Set and Greg Workman
will explain why the strategy that grows your money during
working years may need to change once retirement begins. Mary,
Madeline Kelly and Greg Murray will explore financial harmony, why

(10:08):
your money should work together. When William and I return,
we will talk about how retirees can protect their lifestyle
and income even as tax laws and policies continue to change.
And of course we'll close the hour with some wit
and wisdom from the late Bill Kelly. His words continue

(10:28):
to inspire and guide us. That's a wrap for forever.
Young thank you for listening, and William, thank you for
joining me. We'll be back with more great content. William,
I love you, Honey, I love you too.

Speaker 7 (10:50):
All right, Boston, let's talk about your money. Washington just
passed what the President calls the one Big, Beautiful Bill,
and yes, there are significant tax changes in it. Lower
rates remain in place. There's a new deduction for Americans
over sixty five. Estate exemptions are expanding. That could mean
more of your hard earned money staying where it belongs

(11:13):
with you.

Speaker 1 (11:14):
But here's the reality.

Speaker 7 (11:15):
Even tax relief requires thoughtful planning. Some provisions may sunset
in the coming years. Healthcare eligibility rules are evolving. How
will all these changes apply to your retirement income? That's
why Kelly Financial created a new guide, Unlock your tax savings.

Speaker 1 (11:35):
Call now to get your.

Speaker 7 (11:37):
Copy eight eighty eight eight hundred and eighteen eighty one
or email Kelly at Kelly Financial dot org.

Speaker 1 (11:44):
Kelly at Kelly Financial dot org. Welcome back to the show.

Speaker 8 (11:51):
I'm Mike Dusaid, Chief operating Officer, and alongside me, as
always is Greg Workman, investment Advisor. We're glad you're spending
part of your weekend with us.

Speaker 1 (11:59):
Greg.

Speaker 8 (11:59):
Over the past several weeks, we've talked about retirement income,
the first five years of retirement, tax traps, a lot
of really important topics. But today I want to zoom
out and talk about something more foundational. Investing while you're
working and investing once you retire are actually two completely
different games.

Speaker 9 (12:17):
They really are, Mike, and most people don't realize that
they spend thirty or forty years mastering the accumulation game,
but they never shift strategies when it's time to start
distributing exactly.

Speaker 8 (12:29):
And if you don't recognize when the rules change, you
can make.

Speaker 1 (12:32):
Some costly mistakes. So let's define terms.

Speaker 8 (12:35):
When we talk about the accumulation phase, we're talking about
your working years. This is when you're contributing to your
four to oh one k IRA brokerage account, maybe even
a pension plan. You're earning income, you're adding money consistently.
The primary objective is simple grow the assets.

Speaker 9 (12:52):
And during accumulation you have two powerful advantages that retirees
don't have. Time and contributions. If the market drops fifteen
or twenty percent, it's uncomfortable. Nobody likes seeing their balance
go down. But if you're still working, still learning, still
contributing every two weeks or so, you're actually buying shares

(13:14):
at lower prices.

Speaker 8 (13:16):
That's such an important mindset shift during accumulation. Market downturns
aren't necessarily catastrophic. They can be opportunities. Let's walk through
a hypothetical example. Let's say we're working with a hypothetical client.
We'll call him David. He's fifty two years old, earning
a strong income, contributing the maximum to his four oh
one k he plans to retire.

Speaker 1 (13:37):
At sixty five.

Speaker 8 (13:39):
If the market pulls back fifteen percent this year, David
doesn't love it. He logs in and sees his balance down,
but he's not withdrawing money. In fact, he's adding to
it every pay period. So instead of selling, he's buying automatically.

Speaker 9 (13:52):
That's dollar cost averaging at work. When prices are lower,
your fixed contributions purchase more shares over time. That can
smooth volatility and potentially enhance long term returns. David's biggest
asset now isn't even his retirement account. It's his ability
to earn income, his human capital. He is thirteen or

(14:16):
more years of earnings and contributions ahead of him.

Speaker 8 (14:19):
And that earning power acts like a shock absorber. Is
another key concept during accumulation. Volatility is primarily emotional risk,
not structural risk. The biggest danger for David isn't the
market decline itself.

Speaker 1 (14:33):
It's panic.

Speaker 8 (14:34):
It's stopping contributions, it's selling at the bottom. Structurally, the
math still works for him. He has time to recover. Historically,
markets move in cycles over long periods. They've trind it upward.
Time is his ally exactly. Time allows compounding.

Speaker 6 (14:50):
To do its job.

Speaker 9 (14:51):
If you're thirty, forty, or even fifty years old, you
may have decades before you need to touch that money.
That changes how you should think about short term ups
and downs of the stock market.

Speaker 8 (15:03):
And this is where we often explain the difference between
risk tolerance and risk capacity. David might say I hate
seeing my balance drop. That's risk tolerance, how you emotionally react.
But his risk capacity, his financial ability to withstand volatility,
is actually high because he's employed, he's contributing, he's not withdrawing,
he has a.

Speaker 1 (15:23):
Long time horizon.

Speaker 8 (15:25):
Those factors give him room to take on more growth
oriented investments, and that's.

Speaker 9 (15:29):
Why accumulation portfolios often lean heavily towards equities or risk.

Speaker 6 (15:36):
Growth is the objective.

Speaker 9 (15:37):
You're not trying to create income at that stage. You're
building the base that will eventually generate income during your
retirement years.

Speaker 8 (15:47):
And psychologically, accumulation is very straightforward. You measure progress by
the account balance. You log into your four oh one K,
and you think, is it up or down? Success is
defined by growth. But notice whatquestion you're not asking during accumulation,
How do I turn this into a paycheck? That question
really enters the conversation while you're still working.

Speaker 9 (16:08):
And that's normal. During accumulation, your paycheck comes from your employer.
Your investments their secondary. They're long term, they're for the future.

Speaker 8 (16:17):
But eventually that flips, and here's where the metaphor of
two different games really becomes powerful. Accumulation is like offense.
You're moving the ball down the field. You're taking calculated risks,
you're trying to score.

Speaker 1 (16:30):
Points, grow the account. But you don't win.

Speaker 8 (16:32):
Championships with offense alone. Eventually defense matters, and retirement the
distribution phase is a defensive game.

Speaker 9 (16:40):
That's right, because once the paychecks stop, you no longer
have contributions offsetting volatility.

Speaker 6 (16:47):
You're not buying more shares during downturns.

Speaker 9 (16:51):
In fact, you may be selling shares to generate income,
and that's a completely different mathematical equation.

Speaker 1 (16:59):
We see this mistake all the time.

Speaker 8 (17:01):
Someone spends decades building a portfolio designed for growth.

Speaker 1 (17:04):
They retire and nothing changes.

Speaker 8 (17:06):
Same allocation, same mindset, same strategy, but the environment has changed.
They've moved from building wealth to relying on it. It's like
training your entire life to climb a mountain, but not
having a strategy for getting down.

Speaker 6 (17:18):
Safely and climbing down is where injuries.

Speaker 8 (17:21):
Happen exactly, so before we had to break, here's the
question every listener should ask themselves.

Speaker 1 (17:27):
What game am I playing right now?

Speaker 8 (17:29):
If you're thirty five in maxing out your four h
one K, you're clearly an accumulation. If you're sixty and
five years from retirement, you're approaching the transition zone.

Speaker 1 (17:39):
And if you are.

Speaker 8 (17:39):
Already retired, you are absolutely in a different game. Understanding
that distinction is the first step in building the right strategy.
When we come back, we're going to explain why the
distribution phase changes the rules, why the same twenty percent
market decline that barely phases David at fifty two could
seriously impact.

Speaker 1 (17:58):
Someone who's sixty seven and income. Stay with us, we'll
be right back.

Speaker 3 (18:06):
Kelly Financial Services eight eight eight eight hundred eighteen eighty one.

Speaker 4 (18:12):
I'm Kelly Kelly from Kelly Financial. Is your financial advisor
a fiduciary? In other words, are they legally required to
act in your best interest? My complimentary book, Retire Your Fear,
Plan Your Future explains what a fiduciary is and will
help you understand if an advisor is really putting you first.

Speaker 5 (18:31):
For the book.

Speaker 4 (18:32):
Call eight eight eight eight hundred eighteen eighty one or
email Kelly at Kellyfinancial dot org.

Speaker 5 (18:38):
We're Kelly Financial. Come retire with us.

Speaker 3 (18:42):
The Money Wrap with Kelly Financial Advisors Greg Murray and
Mary Madeline Kelly.

Speaker 10 (18:49):
Hello, this is Greg Murray, Senior vice president and Chief
Compliance Officer at Kelly Financial Services. Joining me today is
Mary madel Kelly, one of our wealth advisors. How are
you doing today.

Speaker 11 (18:59):
I'm doing great and I'm very excited to be back
because I just returned from my trip to Japan, which
was absolutely incredible. The culture, the food, the history, it
was such a unique experience. One thing that really stood
out to me was how much the culture emphasizes harmony
and balance in everyday life.

Speaker 10 (19:17):
That's interesting, and I know while you were in Japan,
I was over in Finland. Different cultures of course, but
in a lot of ways, both places share that appreciation
for simplicity, structure, and things working together smoothly.

Speaker 11 (19:29):
Exactly in Japan, they even have a concept called wah,
which essentially means harmony, the idea that different elements should
work together in a balanced and respectful way. And it
actually got me thinking about financial planning because the best
financial plans work the exact same way.

Speaker 10 (19:45):
That's a great comparison. When people think about their finances,
they often look at things individually, their investments, their retirement accounts,
maybe insurance or taxes, but they don't always think about
how all those pieces interact.

Speaker 11 (19:57):
And when those pieces aren't coordinated, it can create friction.
Just like anything else in life. You might have a
great investment strategy, but if it isn't aligned with your
tax situation, your retirement income needs, or your risk tolerance,
things can feel disorganized.

Speaker 10 (20:12):
And that's where the idea of financial harmony really comes
into play. A strong financial plan isn't just about having
the right investments. It's about making sure your investments, taxes,
income strategy, insurances, and estate planning all work together exactly.

Speaker 11 (20:26):
Now. Think about retirement planning as an example. People often
focus heavily on building their retirement accounts, which is important,
but once retirement actually arrives, the question becomes how all
these resources work together to support your lifestyle.

Speaker 10 (20:40):
You might have social security retirement accounts like iras or
four oh one ks, brokerage accounts, maybe even real estate income.
If those sources aren't coordinated, carefully, you could end up
paying more taxes than necessary or creating unnecessary stress.

Speaker 11 (20:53):
Yes, and taxes are a great example of where harmony matters.
Investment decisions affect taxes, withdrawal strategy jees affect taxes. Even
the timing of income can affect medicare premiums or how
much of your social security.

Speaker 10 (21:06):
Is taxed, and of course investing in false risk, including
the potential loss of principle. But thoughtful coordination can help
manage those risks more effectively.

Speaker 11 (21:14):
Another piece of financial harmony is balancing growth and protection.
Some assets are designed for long term growth, while others
are there for stability or income. When those rules are
clearly defined, the overall plan tends to work much more smoothly.

Speaker 10 (21:28):
Without that balance, people sometimes feel their money is pulling
them in different directions, growth in one area, risk in another,
uncertainty about income.

Speaker 11 (21:35):
But when a plan is coordinated, it creates clarity. People
understand what each piece of their financial life is meant to.

Speaker 10 (21:42):
Do, and that clarity often leads to something we talk
about a lot on the show.

Speaker 1 (21:45):
Peace of Mind.

Speaker 11 (21:46):
Yes, financial harmony doesn't just improve numbers on a spreadsheet,
It improves how people feel about their financial future. Instead
of worrying about whether they've missed something, they feel confident
that their plan is working as a system.

Speaker 10 (21:58):
Another area where harmony matters is state planning. Investments, trust,
beneficiary designations, and insurance all need to align so that
assets transfers smoothly and according to your wishes.

Speaker 11 (22:08):
And that's especially important because small misalignments can sometimes create
big consequences, things like outdated beneficiaries or accounts that don't
match the overall estate plan.

Speaker 10 (22:18):
So when we talk about financial harmony, we're really talking
about coordination.

Speaker 11 (22:22):
It's all about making sure all the moving parts investments, taxes, retirement, income,
risk management, and state planning support each other instead of
working at cross purposes.

Speaker 10 (22:32):
And just like in Japanese culture, harmony doesn't happen by accident.
It requires intention and thoughtful design. That's a great way
to put it. Financial plans don't become harmonious automatically. They're
through careful planning and regular review. And of course, every
financial situation is unique, so those strategies should always be
tailored to individual goals, timelines, and comfort levels.

Speaker 11 (22:52):
But the takeaway is simple. When your financial life is
organized and coordinated, everything tends to feel calmer and more manageable.
Brings us back to the lesson you noticed in Japan.
Harmony isn't just about avoiding conflict. It's about creating balance exactly,
and the best financial plans do the same thing. They
bring balance and clarity to something that can otherwise feel complicated.

Speaker 1 (23:13):
Well said, that's going to wrap things up. If you'd
like how.

Speaker 10 (23:15):
Bringing more harmony and coordination to your financial plan, give
us a call. We'd be happy to walk through your
situation with you.

Speaker 11 (23:21):
Absolutely well, Thanks Greg, and enjoy the rest of your weekend.

Speaker 3 (23:24):
To get in touch with Greg Murray or Mary, Madeline
Kelly or any member of the Kelly Financial team called
at at eight eight hundred eighteen eighty one. Save Money
Strategies with William Kelly and Kelly Kelly. Call the team
on at A eight eight hundreds, eighteen eighty one.

Speaker 4 (23:47):
Care Welcome back to Save Money Strategies. I'm Kelly Kelly
here with my son, William Kelly Junior, and today we're
talking about something that's making a lot of headlines lately,
the One Big Beautiful Bill. Now, whenever Washington passes a
major law that affects taxes, healthcare, or retirement planning, people

(24:12):
naturally start asking a simple question, what does this mean
for my retirement, Because beyond headlines, what really matters is
how these changes affect your income, your healthcare planning, and
the future you're building for your family.

Speaker 1 (24:28):
That's right, mom.

Speaker 2 (24:29):
One thing we've learned working with families over the years
is that policy changes come and go, laws evolve, and
tax rules shift. What a strong retirement plan should remain
study and that's really what today's conversation is about. Helping
people understand what these changes may mean so that they
can make thoughtful decisions instead of reacting to headlines.

Speaker 4 (24:48):
Let's start with something many retirees care deeply about, Social Security.
There was a lot of discussion over the past year
about eliminating taxes on Social Security entirely, but what the
legislation actually introduces is something a little different. There's a

(25:08):
temporary additional deduction available for seniors over age sixty five,
which could reduce taxable income for some retirees so much.

Speaker 1 (25:20):
Does that mean Social Security won't be taxed anymore?

Speaker 6 (25:22):
William?

Speaker 4 (25:23):
That is a great question, and the answer is not exactly.
Social Security benefits can still be taxable depending on your
total income. And how your retirement income is structured. So
it isn't a full elimination of taxes. It's more like
a modest adjustment that may provide some additional breathing room.

Speaker 2 (25:47):
For many middle aged income retirees, that deduction could simply
mean keeping a little more of their own money for
each year. But it's still important to look at the
bigger picture when it comes to how retirement income is
taxed exactly.

Speaker 4 (25:59):
And when we talk with families about changes like this,
we usually remind them not to think of it as
a windfall. Instead, think of it as an opportunity to
strengthen your plan. Maybe it helps build an emergency reserve,
maybe it helps reduce a little debt, or maybe it

(26:20):
simply provides a little more flexibility to enjoy retirement relief
is helpful, but thoughtful planning is still essential.

Speaker 2 (26:30):
Another area where the legislation creates some flexibility involves education planning,
especially when grandparents want to help support their children. Many
families today are using the five two nine education accounts,
and the rules around those accounts have expanded. Funds may
now be used for a wider range of educational purposes,
including tutoring, certification, programs and certain types of career training,

(26:51):
and honestly, mom, we see this all the time with
families we work with. Grandparents really love being able to
help their grandchildren get started in life.

Speaker 4 (26:58):
And for many grands parents, that can be incredibly meaningful
because legacy isn't just about what you leave someday. Sometimes
it is about the opportunities you help create while you're
here to see the impact. Helping a grandchild pursue education
or a career path can strengthen family relationships and create

(27:22):
important conversations about responsibility and financial values, and many retirees
tell us that supporting the next generation becomes one of
the most rewarding parts of retirement.

Speaker 2 (27:36):
Another important part of this conversation involves healthcare and long
term care planning. Some of those provisions in the new
law involve adjustments to medicate eligibility and how long term
care is evaluated. For many Americans, Medicaid ultimately becomes the
program that helps cover long term care expenses later in life.

Speaker 4 (27:53):
Which means planning ahead becomes even more important. The best
time to think about long term care plan planning is
before a crisis happens, not when a family is already
dealing with a health challenge, Families should talk about preferences early.
Would you prefer home care if possible, would assisted living

(28:15):
be acceptable? What would you want if more advanced care
becomes necessary. These conversations aren't always easy, but they can
make a tremendous difference later on for spouses and adult children.

Speaker 2 (28:31):
Another change getting attention involves the state tax exemptions, which
you are expected to increase to roughly fifteen million dollars
per person starting twenty twenty six. Now that level won't
affect every family, but estate planning is about much more than.

Speaker 4 (28:44):
Taxes exactly, even for families with more modest estates, Having
clear documents like wills and trusts can prevent confusion and
unnecessary legal complications. Without planning, families sometimes face delays and
unnecessary stress during an already emotional time. With the right

(29:08):
planning in place, assets can transfer smoothly according to your wishes,
and in many ways, planning your estate is one of
the most thoughtful things you can do for the people you.

Speaker 2 (29:20):
Love and mom This really highlights a bigger point. Tax
laws change, healthcare rules evolve, and retirement policies shift, and
when those changes happen, many people feel uncertain about what
actually applies to them.

Speaker 4 (29:33):
Which is exactly why our team at Kelly Financial created
a guide called Unlock Your Tax Savings. This guide walks
through many of these changes in straightforward language and helps
retirees understand how evolving tax rules may affect their financial picture,

(29:54):
because when you have clarity, you can make decisions calmly
and confident.

Speaker 3 (30:00):
Late.

Speaker 5 (30:00):
If you'd like a copy of our Unlock your.

Speaker 4 (30:04):
Tax Savings Guide, simply reach out to our team. You
can call us at eight eight eight eight hundred eighteen
eighty one or email kellyat Kellyfinancial dot org and we'll
be happy to send that guide to you.

Speaker 2 (30:19):
And when we come back, we'll continue this conversation because
understanding the policy changes is only the first step that's right.

Speaker 4 (30:27):
In our next segment, we'll talk about how retirees can
protect their lifestyle as tax laws, healthcare policies, and retirement
rules continue to evolve. Stay with us, we'll be right back.

Speaker 3 (30:44):
Safe money strategies brought to you by Kelly Financial Services.
Call eight eight eight eight hundred eighteen eighty one or
visit Kellyfinancial dot org.

Speaker 12 (30:55):
Ready to enjoy your golden years without worry at Kelly Financial.
We know retirement planning can be overwhelming. With more than
twenty two years of experience, our friendly team of advisors
makes it easy and stress free. Trust us to help
you create a secure and enjoyable future. For a free
initial retirement consultation called eight eight eight eight hundred eighteen

(31:17):
eighty one or email Kelly at Kellyfinancial dot org. We're
Kelly Financial. Come retire with.

Speaker 3 (31:24):
Us Safe Money Strategies with William Kelly and Kelly Kelly.
Call the team on eight eight eight hundred eighteen eighty one.

Speaker 12 (31:34):
Thank care.

Speaker 4 (31:36):
Than Welcome back to Safe Money Strategies. I'm Kelly Kelly
here with my son William. Before the break, we were
talking about some of the recent techs and policy changes
that are getting attention right now and how these changes
may affect retirees and their families. But understanding the policy

(31:57):
changes is really only the first step. The bigger question
is how do you protect your retirement lifestyle when laws
and policies continue to evolve.

Speaker 2 (32:10):
That's exactly right, mom. One important thing people should understand
is that many provisions in the new legislation are temporary.
Some of the deductions and adjustments we discussed earlier are
scheduled to last only through twenty twenty eight. So one
of the key lessons here is that retirement planning can't
assume today's rules will last forever. Instead, retirees need flexibility

(32:31):
in their plans so that they can adjust if laws
or healthcare policies change in the future.

Speaker 4 (32:35):
Good planning is not about predicting the future perfectly. It's
about building a strategy that can adapt over time, because
the truth is Washington will always continue to make adjustments
to tax laws and retirement rules. But when your plan
is structured carefully, those changes become manageable instead of stressful.

Speaker 2 (33:00):
Another important topic that continues to come up is long
term care planning. As we mentioned earlier, changes in Medicaid
eligibility and program oversight mean families shouldn't automatically assume government
programs will cover future care. For many retirees, that realization
can feel a little uncomfortable, but it also gives family
an opportunity to start planning earlier.

Speaker 4 (33:20):
Exactly, long term care planning isn't just a financial issue.
It's a family conversation. Where would you prefer to receive
care if ever became necessary? Would you prefer to stay
in your home as long as possible. Would assisted living
be acceptable if that offered more support. These conversations aren't

(33:44):
always easy, but having them early can make a tremendous
difference later for spouses and adult children.

Speaker 2 (33:52):
Another key part of retirement planning involves income stability. When
markets move up and down and policy changes create uncertainty,
many retirees start to feel anxious about their financial future.
But one way to reduce that stress is by creating
reliable income streams in retirement.

Speaker 4 (34:08):
You'll often hear us talk about the idea of mailbox money.
That's income that arrives regularly, just like Social Security, and
doesn't depend on what the stock market happened to do
that week. When retirees have dependable income sources supporting their lifestyle,
it often creates a tremendous sense of calm. They don't

(34:32):
feel like they have to check the market every day,
and they can focus on enjoying retirement rather than worrying
about every financial headline.

Speaker 2 (34:41):
And that's really the goal, because at the end of
the day, retirement planning isn't just about building wealth. It's
about turning what you've saved into income you can actually
live on. Month after month, year after year.

Speaker 4 (34:54):
Another topic we've been thinking about recently is something that
often gets so overlooked and retirement planning, and that's physical health.
Financial planning and health planning really go hand in hand.

Speaker 2 (35:09):
Research consistently shows that even modest physical activity things like
walking regularly or getting your heart rate up for just
a short time each day, can support long term health
and longevity. And when retire, restay active and engaged, they
often enjoy retirement much more fully.

Speaker 4 (35:25):
Financial freedom means very little if you don't have the
energy or mobility to enjoy the life you work so
hard to build. So taking care of your health, even
in small daily ways, becomes part of protecting your retirement
lifestyle as well.

Speaker 2 (35:43):
And mom, when we talk about wealth preservation, it's important
to remember that the goal simply isn't about minimizing taxes.
The goal is creating freedom to live the life you want.

Speaker 1 (35:54):
That's right.

Speaker 4 (35:55):
When your financial plan is strong, it creates options, options
to spend time with family, options to travel, options to
support grandchildren or causes that matter to you. Because wealth
preservation isn't just about numbers on the statement, it's about
creating a life filled with purpose and connection.

Speaker 2 (36:18):
And As we've talked about today, tax laws and retirement
policies will continue to evolve over time, which is exactly
why education becomes so important.

Speaker 4 (36:28):
That's why our team at Kelly Financial created a guide
called Unlock Your Tax Savings. This guide explains many of
the recent policy changes in clear, easy to understand language
and helps retirees think through how those changes may affect
their financial picture. Because when you have clarity, you can

(36:49):
move forward with confidence instead of uncertainty. If you'd like
a copy of the Unlock your Tax Savings Guide, simply
reach out to our team. You can call us at
eight eight eight eight hundred eighteen eighty one or email
kellyat Kellyfinancial dot org and we'll be more than happy

(37:09):
to send that guide to.

Speaker 1 (37:10):
You and mom.

Speaker 2 (37:12):
That's really the message we want listeners to take away today.
Policy changes will come and go, but when your financial
plan is thoughtful and well structured, you don't have to
feel reactive to every headline.

Speaker 4 (37:23):
Exactly, and that's really the goal, not reacting to every headline,
but having a plan strong enough that you can move
forward with confidence and enjoy the retirement you work so
hard to build.

Speaker 2 (37:37):
Stay tuned, we have more informative content coming your way
right here on WRJO.

Speaker 3 (37:45):
Safe Money Strategies brought to you by Kelly Financial Services.
Call eight eight eight eight hundred eighteen eighty one or
visit Kellyfinancial dot org.

Speaker 1 (37:56):
Welcome back.

Speaker 8 (37:56):
Before the break, we talked about the accumulation phase, the
growth years, when you're working, contributing and building wealth. Now
we're going to talk about the second game, distribution, greg.
This is where the rules really change.

Speaker 9 (38:09):
They absolutely do, because once you retire, two of your
biggest advantages disappear, time and contributions. You're no longer adding
money to the portfolio. In fact, you're doing the opposite.
You withdrawing from your nest egg to fund your lifestyle
in retirement when the paycheck stops, and that changes the

(38:30):
math completely.

Speaker 8 (38:32):
Let's walk through a hypothetical example to make this rail. Earlier,
we talked about David, age fifty two, still working a
twenty percent market correction is uncomfortable, but manageable because he's
contributing and has time to recover. Now, let's imagine a
hypothetical couple. We'll call them John and Linda. They're both
sixty seven, they just retired last year. They've saved one

(38:53):
point two million across their retirement accounts. They're drawing about
sixty thousand per year from their portfolio to supple and
social security. Now the market drops twenty percent, that's not
just an emotional hit anymore.

Speaker 9 (39:05):
That's structural exactly, because now they're withdrawing from a shrinking base.
If they're one point two million dollar portfolio drops to
nine hundred and sixty thousand and they still need sixty
thousand for income, that withdrawal represents a much larger percentage
of the portfolio than it did before the decline. And

(39:26):
this is where something called sequence of returns risk becomes critical.

Speaker 1 (39:31):
Explain that in plain English.

Speaker 9 (39:33):
Sequence of returns risk simply means the timing of market
returns matters much more. When you're drawing down on your
nestick during accumulation, the order of returns, whether the market's
up or down in any given year, it doesn't hurt
you as much because you're not taking money out.

Speaker 6 (39:53):
But during distribution, if you experience.

Speaker 9 (39:56):
Negative returns early on in retirement whils I simultaneously taking withdrawals,
you can permanently damage the portfolio's long term sustainability.

Speaker 8 (40:07):
So to retirees with identical average returns over twenty years
can have dramatically different outcomes depending on when the downturns
occur exactly.

Speaker 9 (40:16):
Early losses combined with withdrawals can create a hole that's
very difficult to recover from.

Speaker 6 (40:23):
And that's why distribution is.

Speaker 9 (40:25):
Not just accumulation and reverse It requires a completely different strategy.

Speaker 8 (40:32):
So let's talk about what actually changes in accumulation, the
goal is maximum long term growth. In distribution, the goal
shifts to sustainable income and risk management. That means we're
asking different questions. How do we create reliable cash flow,
how do we reduce volatility impact, how do we make
the portfolio last twenty five or thirty years?

Speaker 1 (40:54):
How do we manage taxes efficiently?

Speaker 9 (40:56):
And income planning becomes central for John and Linda. Their
plan might include coordinated social security claiming strategies, pension elections
if there are pensions involved in the mix, a structured
withdrawal strategy from any investment accounts that they have, and
asset allocation adjustments to reduce downside exposure. This is where

(41:21):
we often introduce the idea of building an income floor.

Speaker 1 (41:25):
Let's talk about that concept.

Speaker 9 (41:27):
An income floor is the amount of predictable income that
covers your essential expenses like housing, food, utilities, and insurance.
For many retirees, social Security forms the foundation. For some
there may also be a pension. Those sources provide stability.
Then we layer portfolio withdrawals on top to fund discretionary spending, travel, hobbies,

(41:51):
and gifts to grandchildren.

Speaker 8 (41:53):
So instead of thinking how do I grow this as
fast as possible, we're thinking how do I structure this
so it pays me reliable.

Speaker 1 (42:00):
That's a completely different mindset.

Speaker 9 (42:02):
It is, and it also involves tax efficiency. In accumulation,
you're mostly contributing to tax deferred accounts like four to
one ks and traditional iras. You're focused on reducing taxes
in the here and now today. In distribution, now you're
deciding which account do what drew from first, how do

(42:23):
I manage required minimum distributions, how do I avoid pushing
myself into higher tax brackets, and how do I minimize
the tax burden on my surviving spouse. The strategy becomes
much more nuanced at this point.

Speaker 1 (42:38):
And emotionally it changes too.

Speaker 8 (42:40):
During accumulation, market volatility feels like a temporary setback. During distribution,
volatility can create fair because now your lifestyle depends on
the portfolio.

Speaker 1 (42:50):
That's why many retire.

Speaker 8 (42:51):
You say, I didn't realize how differently i'd feel once
I stopped working.

Speaker 6 (42:55):
That's very common.

Speaker 9 (42:56):
The psychological shift is real, which is why we often
say retirement planning isn't just about returns, it's about structure.
For John and Linda, the right allocation in retirement may
look different than what they had at fifty five and
retirement it might involve more diversification, more emphasis on downside
risk protection, strategic cash reserves to avoid selling stocks during

(43:21):
downturns in the market, and intentional withdrawal sequencing. It's more
defense and less about offense.

Speaker 1 (43:28):
And here's what we see.

Speaker 8 (43:29):
Too often, someone retires but nothing changes, same portfolio, same allocation,
same mindset. They spent thirty years mastering accumulation but never
built a distribution plan.

Speaker 9 (43:41):
And that is risky because retirement can last twenty five
or thirty years. That's a long time to rely on
a portfolio without a designed strategy for income sustainability.

Speaker 8 (43:53):
So if you're listening today and you're within five years
of retirement, we're already retired. Here's the key takeaway. Make
sure you're playing the right game. Accumulation is about building wealth.
Distribution is about turning wealth into a reliable paycheck. Those
are two different objectives, and different objectives require different strategies exactly.

Speaker 9 (44:13):
The tools may overlap stocks, bonds, retirement accounts, but the
purpose changes and purpose drives strategy.

Speaker 8 (44:22):
If you'd like to understand how your current plan is structured,
whether you are still playing offense when you should be
focusing on defense, We've put together a resource that walks
through these concepts step by step. It's called the Safe
Money Strategies Workbook. Inside we outline how to evaluate your
income needs, how to think about building an income floor,
how to assess withdrawal risk, and how to transition from

(44:44):
accumulation to distribution thoughtfully.

Speaker 1 (44:47):
There's no cost.

Speaker 8 (44:48):
It's simple and educational guide to help you start asking
the right questions.

Speaker 9 (44:53):
Because the most important shift isn't in the markets, it's
in your mindset.

Speaker 8 (44:57):
Two different games and knowing which one you are lane
can make all the difference.

Speaker 1 (45:01):
Thanks for spending time with us today. We'll see you
next week. I'm William Kelly Junior.

Speaker 2 (45:11):
Many families are thinking about fresh starts, not just financially,
but how young people prepare for what comes next. I've
had the unique experience of growing up around real conversations
with our clients, families, parents and grandparents about money, responsibility,
and long term thinking.

Speaker 1 (45:27):
Not theory, real life. And it's important to remember that
all investing involves.

Speaker 2 (45:31):
Risk, including the potential loss of principle, which is why habits, education,
and perspective matter so much from the start.

Speaker 1 (45:38):
That's why I wrote Only the Good Investor Young.

Speaker 2 (45:41):
It's a straightforward guide to the basics of money, habits
and decisions that matter over time. Whether you're a client,
a parent or grandparent, or someone just starting out. This
is meant to be practical, clear, and encouraging. We're offering
complimentary signed copies to our WRKL listeners and clients. It's
also available on Amazon and soft her or kindall Call

(46:01):
eight at eight eight hundred and one or email Kelly
at Kelly Financial dot org.

Speaker 1 (46:05):
Good have its starter early. Andy lost a lifetime.

Speaker 7 (46:09):
Joining us now as she always does.

Speaker 1 (46:12):
At this time.

Speaker 7 (46:14):
She is the co founder, CEO, and president of Kelly
Financial Services, and yes, that is her wonderful name, Kelly.

Speaker 1 (46:25):
Kelly Kelly, how are.

Speaker 5 (46:29):
You, Good morning, Jeff, I am good.

Speaker 4 (46:32):
We've been talking about what the one big beautiful bill
could mean for retirees and what it might mean beyond
the headlines. Yes, there are some new deductions and changes
that could benefit seniors, but here's what really matters. Policies
and laws will always evolve. Your retirement plan should be

(46:52):
designed to adapt. That's why we created our complementary investor guide,
Unlock your Tax Savings. It walks through what's changed, what
may expire, and how these updates could affect income, legacy plans,
and long term care strategies, all in plain English. Because
retirement planning isn't just about taxes. It's about protecting the

(47:17):
life you've worked so hard to build and the people
you care about most. To request your complimentary copy, simply
give us a call or email Kelly at Kellyfinancial dot org. Jeff,
have a wonderful weekend. My best of Grace and the kiddos.

Speaker 7 (47:34):
Thank you, Kelly, all the best to you and everyone
at Kelly Financial. To get a free copy of that guide,
and I urge all of you if you can do
get it call now eight eighty eight hundred eighteen eighty
one eight eighty eight eight hundred eighteen eighty one, or
you can actually email Kelly herself personally Kelly at Kellyfinancial

(47:57):
dot org. That's Kelly at Kelly financial dot org.

Speaker 3 (48:07):
Safe Money Strategies A eight eight hundred one eight eight.

Speaker 4 (48:12):
One, Ladies and Gentlemen. Every week we like to share
a short reflection from Bill Kelly. Bill believed the most
important lessons in this business didn't come from markets or headlines,
but from the people he met along the way. In
this reflection, Bill talks about risk, planning for the future,

(48:37):
and a memorable experience with someone who left a lasting
impression on him.

Speaker 1 (48:43):
Here's Bill. Have you ever thought about your eyes?

Speaker 13 (48:49):
For those of you who are fortunate enough to see,
how could an eye be created? Well, I believe someone
had to design it, Ladies and gentlemantt one time I
happened to believe that was God. Some people don't believe that.
Most people who don't believe that probably don't listen to
the show.

Speaker 1 (49:06):
And that's okay.

Speaker 13 (49:08):
But it's a design for retirement strategies, and it's an approach,
Ladies and Gentlemen, that is all based on income, and
the income has to last you for your lifetime or
you're going to feel very strange in several years if
you run out of income. So if your assets run down,
you're going to have a problem. So if you don't

(49:29):
have a plan, then you're going to have problems. If
you have a plan and it's a poor plan, you're
going to double your problems.

Speaker 1 (49:37):
So the safer the better. So your needs are important.

Speaker 13 (49:41):
They have to be identified, and your goals have to
be identified, and you start from there. Don't fret about that,
and don't feel like you're being disingenuous or not courageous enough.
So you want a premium for your risk. You don't
want to gamble to have the risk. So that's how
we have to manage risk. Unfortunately, some people feel risk

(50:06):
is a function of how much money you have invested,
so they feel someone with one point eight million should
have more risk than a person who has three or
four hundred thousand dollars on the table. That's not true.
The amount of money you have invested is not a
factor in risk tolerance. The ability to recover after a

(50:27):
loss and have it not affect your lifestyle, to me
is primary in selecting what your risk tolerance is, and
that's how we do that. So before I tell you
this story, I should mention that the name I'm about
to use has been changed to protect the individual's privacy.
So I had a client named Frank. He used to

(50:48):
come in to visit with me. It was like a
holiday when Frank came to visit. When my son William
was born four years ago, Frank came in. Frank was Italian.
Frank came in with beautiful porcelain piggybank and he had
gotten a gold coin from Italy from William, and that
gold coin sits on my bureau right now. And Frank

(51:11):
would come in and joke. He would bring us different
types of food. He was a humble man. He was
the kind of guy that got along with everyone. He
reminded me so much of my father, his attitudes, his
respect for authority, his reverence for his God. And Frank
was just a wonderful guy to talk to. He would

(51:31):
bring in different Italian tapes and we just had a
great time. And we had fun helping Frank. He enjoyed investing,
and we loved having a client, but we loved Frank
more for just being Frank. And then one day Frank
came in to see me. He looked a little glum
and he said, Bill, I've been to the doctor and

(51:53):
I had a bad report. Doesn't look good. He said,
they'd have a spot on my lung. Well, ladies and gentlemen.

Speaker 1 (51:59):
That was in a.

Speaker 13 (52:01):
Sometime in June, Frank came in and sat down with me,
and he had a sweater on and he had on
a scarf, and he said, I've started my chemotherapy. And
he said, it really doesn't look good, Bill, And he
did not look good, Ladies and gentlemen, and I sat there,
we talked, and we set up some things for his

(52:25):
investments in case he did pass. And then about a
month and a half later, Frank came in with his
wife and you could just see that things weren't going well.
And I was sitting behind the desk and Frank always
had a joke and he always had some things that
just were great to hear. He was a wonderful person.

(52:48):
But he was sitting there with his wife and I
started to cry. And I was trying to sit up
straight and act act like, you know, I was sniffling
or something, but the tears just started going down my face. Well,
Frank looked across the desk and he said said, Bill,
you look like you have an analogy. You're okay, and

(53:08):
That was typical of Frank when things were worse for him,
as bad as they could be, he was worried about
other people. So I had to go into the next
room and I just had to cry it out, and
I had to come back and I said, I'm very upset,
I'm very sorry about what's happening. And we think a
lot of you, and we're going to miss you if

(53:30):
you're not well, so we really want you to try
your best to get well soon. And then we went
on with a meeting. Frank had some more jokes, he
had some tapes for me, some I think Perry Como tapes,
and off he went. By the time he left, everybody
was okay. And then I believe Frank went into the

(53:52):
hospital on a Thursday, and then.

Speaker 1 (53:56):
Frank was gone.

Speaker 13 (53:57):
It took, I believe, less than five months from the
day he told me that he had a spot on
his lung till the day that God took him into heaven.

Speaker 1 (54:11):
That was it no more, Frank.

Speaker 13 (54:13):
And I look at that gold coin, and I look
at that beautiful piggy bank that he gave William, and
I think about Frank probably once a week, and what
a wonderful person he was the things that we did
when he came in, the meetings I used to have
with him. Sometimes he'd come in on a Saturday, and

(54:35):
frankly it'd be my only meeting, but I'd come up
to the office because I'd sit with Frank. And I
learned something someone in the business once told me. I
learned this business from my clients, by their reactions, by
their successes, by the things were able to do with
them and for them. And I learned a lot of

(54:56):
this business from Frank about how to be human and
how to get to know clients, how to be able
to accept things from clients. Was a hard lesson for
me because I thought I had to be very stoic.
So Frank went away. It was very quick, and we
know he's in heaven and we know that someday his

(55:18):
family will join him there, and they're having a great
time up there in heaven with Frank because there's plenty
of jokes, there's plenty of great stories, there's plenty of
reverence and awe about God and Christ. And we know
we're going to see Frank someday if I'm fortunate enough
to be there. I hope he puts it in a

(55:39):
good word for me. But it's a suddenness to life,
ladies and gentlemen. So if you ever feel it's time
to act, and you ever get that intuition it's time
to make a change, don't ignore it because that opportunity
might not exist forever. It might mean that opportunity missed
would be an opportunity loss. But as for me, ladies

(56:02):
and gentlemen, the way I see it, don't be ashamed.
If you don't want to take risk right now, you'll
find yourself maybe a little more comfortable if you give
yourself permission to have safe money.

Speaker 3 (56:19):
I'm called Kelly Financial Services eight eight eight hundred eighteen
eighty one.

Speaker 4 (56:25):
I'm Kelly Kelly from Kelly Financial. Whether you're in your sixties, seventies,
or eighties, financial advice is important when it comes to
preserving your nest egg. We have a free investor guide
called designing your Fiscal House to Weather the Elements, which
highlights the steps needed to build a balanced portfolio. For
the guide, call eight eight eight eight hundred eighteen eighty

(56:47):
one or email Kelly at Kellyfinancial dot org.

Speaker 5 (56:51):
We're Kelly Financial. Come retire with us.

Speaker 3 (56:55):
Safe money strategies with William Kelly and Kelly Kelly. Go
to kelly financial dot org